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MULTI-FAMILY UNITS and TOWNHOUSE'S - Management Services

MULTI-FAMILY UNITS and TOWNHOUSE'S

April 1, 2016 0 comments Admin MULTI-FAMILY UNITS, HOMEOWNER AND CONDO ASSOCIATIONS
  • Collect monthly rents and follow up on delinquent tenants
  • Provide detailed monthly accounting statements
  • Pay all operating expenses within owner established spending limits
  • Provide an annual market analysis and recommend rent rates
  • Continuously market and promote the property
  • Perform written move-in and move-out inspections
  • Prepare annual budget
  • Market and show vacancies, negotiate leases and prepare lease documents
  • Conduct credit and background checks on prospective tenants
  • Coordinate lease renewals
  • Create open lines of communication with the tenants
  • Arrange for the property and liability insurance coverage and report claims
  • Attend to emergency issues 24/7 and develop an Emergency Preparedness and Response Plan
  • Report on and review with client any necessary capital projects
  • Set specifications, negotiate contracts and monitor owner approved renovations
  • Coordinate and oversee service contracts and trades work
  • Arrange for weekly inspections
  • Establish preventative maintenance for building components
  • Coordinate real estate tax reduction efforts
  • Develop meaningful tenant relationships through service and communication
  • Ensure compliance of local, state, and federal laws and ordinances
  • Create an annual proposed budget

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